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Asia-Pacific Pet Food Market, (By Pet Type: Cat, Dog & Other Animals. By Product Type: Dry Pet Foods, Wet Pet Foods, Snacks & Other. By Distributional Channel: Online Shopping, Supermarket/Hypermarket, Specialized Pet Shops & Others. By Asia-Pacific) – Industry Market Insights, Analysis, Trends, and Forecast 2022-2032

Published Date : April 2022 | Report Id : CGO 140 | Format : PDF,PPT | Slides : 110
Report Type : Syndicate Report

The Asia-Pacific pet food market was valued at $19.2 billion in 2021 and it is expected to reach $44.3 billion at a CAGR of 7.90% between 2022 and 2032. Pet food is easily digestible for domestic animals such as cats, dogs, and other animals. The demand for pet food is increasing in the Asia-Pacific region due to the rising adaption of pets among a large number of consumers from various countries across the region. Hence, it is expected to drive the Asia-Pacific pet food market during the forecast period.                                

In Asia-Pacific region, Japan is leading the pet food market and the country is expected to hold its dominating position during the forecast period.

Dogs are the most popular pets grown in several countries in the Asia-Pacific region. Except for dogs, cats and fish are also increasing in demand, which has driven the pet food market across the region. Additionally, the increasing adaption of dogs by a large number of populations has boosted pet food sales over the last few years. According to the National Bureau of Statistics, the pet industry in China has become the fastest-growing industry in the pet food market. Although, Japan is dominating the Asia-Pacific pet food market over the past few years and the country is estimated to witness significant growth during the upcoming years. Moreover, the e-commerce system is growing over the past couple of years, which has boosted the sales of the market through online mediums. 

Asia-Pacific Pet Food Market

Source: SAI Research

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Based on animal type, the pet food market is segmented into dogs, cats, and other animals such as fish, birds, and many more. Among these, the dog and cat segment is projected to have significant growth in the pet food market across the Asia-Pacific region. Based on products, the pet food market is categorized into dry pet foods, wet pet foods, snacks, and other products. Among these products, the wet food product segment is estimated to witness the fastest growth during the forecast period followed by dry food products. Organic pet food products are increasing in demand more than normal food products because these are high-quality food and easily digestible for various domestic animals.

Based on the distributional channel, the pet food market is segmented into online shopping, supermarkets, specialized pet shops, and other shops. Among these, online shopping is preferable for consumers due to their busy lifestyles; it is easier to purchase pet foods through an online medium. Based on countries, the Asia-Pacific pet food is categorized into Japan, India, China, South Korea, and other Asia-Pacific countries. Among these countries, Japan is dominating the market over the past few years followed by China.

According to the study, key players such as Purina Petcare Company (U.S), JM Smucker Company (U.S), Mars Incorporated (U.S), Yantai China Pet Food Company Limited (China), Blue Buffalo Pet Products (U.S), Mars Incorporated Company (U.S), Champion Petfoods LP (Canada), United Pet Groupd Inc (U.S), Nisshin Seifun Group Company (Japan), Nippon Formula Feed Manufacturing Company (Japan), Indian Broiler Group Company (India), Unicharm Company (Japan), CJ CheilJedang Company (South Korea), Bridge Petcare Company Limited (China), Royal Canin Company Limited (China), Nutriara Alimentos Company Limited (Brazil), Maruha Nichiro Fishing Company (Japan), Big Heart Pet Brands Food Company (U.S), Diamond Pet Foods Company (U.S), Heristo AG Pet Food Company (Germany), Colgate-Palmolive Production Company (U.S),  among others are leading the Asia-Pacific pet food market.                      

Scope of the Report:

Report Coverage

Details

Base Year:

2021

Market Size in 2021:

US$ 19.2 Billion

Historical Data for:

2019, 2020 and 2021

Forecast Period:

2022 to 2032

Forecast Period 2022 to 2032 CAGR:

44.3%

2032 Value Projection:

US$ 7.90 Billion

Segments covered:

By Pet Type: Cat, Dog & Other Animals.

By Product Type: Dry Pet Foods, Wet Pet Foods, Snacks & Other.

By Distributional Channel: Online Shopping, Supermarket/Hypermarket, Specialized Pet Shops & Others

Geographies covered:

  • India
  • China
  • Japan
  • South Korea
  • North Korea
  • Rest of Asian Countries

Companies covered:

Purina Petcare Company (U.S), JM Smucker Company (U.S), Mars Incorporated (U.S), Yantai China Pet Food Company Limited (China), Blue Buffalo Pet Products (U.S), Mars Incorporated Company (U.S), Champion Petfoods LP (Canada), United Pet Groupd Inc (U.S), Nisshin Seifun Group Company (Japan), Nippon Formula Feed Manufacturing Company (Japan), Indian Broiler Group Company (India), Unicharm Company (Japan), CJ CheilJedang Company (South Korea), Bridge Petcare Company Limited (China), Royal Canin Company Limited (China), Nutriara Alimentos Company Limited (Brazil), Maruha Nichiro Fishing Company (Japan), Big Heart Pet Brands Food Company (U.S), Diamond Pet Foods Company (U.S), Heristo AG Pet Food Company (Germany), Colgate-Palmolive Production Company (U.S),  among others

The Asia-Pacific Pet Food Market Has Been Segmented Into:

The Asia-Pacific Pet Food Market – By Pet Type:

  • Cat
  • Dog
  • And Other Animals

The Asia-Pacific Pet Food Market – By Product Type:

  • Dry Pet Foods
  • Wet Pet Foods
  • Snacks
  • Other Products

The Asia-Pacific Pet Food Market – By Distributional Channel:

  • Online Shopping
  • Supermarket/Hypermarket
  • Specialized Pet Shops
  • And Others

The Asia-Pacific Pet Food Market – By Countries:

  • India
  • China
  • Japan
  • South Korea
  • North Korea
  • Rest of Asian Countries
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